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Trump's tariffs could set U.S. tech industry back a decade as China takes lead, says Dan Ives

  • President Trump implemented tariffs impacting goods from China, Taiwan and Vietnam.
  • These tariffs stemmed from trade policies and a desire to shift manufacturing.
  • Tariffs ranged from 32% to 54% and affected tech supply chains and trade.
  • Analyst Dan Ives stated the levies could close a 'shut-off valve' for the U.S. Tech industry.
  • Ives believes the tariffs could depress tech earnings and slow the AI revolution.
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Quartz broke the news in United States on Friday, April 4, 2025.
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